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Directory Of Year 2005, Issue 31
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Current Location:English » 200531 » The Start of RMB Reform
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The Start of RMB Reform

Year:2005 Issue:31

Column: VIEWPOINT

Author:

Release Date:2005-08-04

Page: 18,19

Full Text:  

The People's Bank of China, China's central bank, announced on July 21 a modest revaluation of renminbi (RMB) and a break from the 11-year-old peg of the Chinese currency to the U.S. dollar. The bank...

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